IronPlanet® walks you through every step of the selling cycle, including post-auction transfer of title and payment.
1
We collect payment
After the auction, the buyer places funds into a custodial bank account managed by us specifically for the Beneficiary of Sellers.
2
You release the equipment
Once the funds are deposited from the buyer, you will receive a notification to release the equipment for shipment. The buyer will also receive an authorization to arrange equipment transport.
3
We make payment
The Final Sales Price less our commission and fees are remitted to the seller within fifteen business days after the date of sale.